Part 2 Money - Savings, Profit and Loss, Taxes - Global Goals

This is the second part of my money lessons for upper primary. through a Global Goal lens of no poverty, your pupils can calculate profit and loss with a Social Bite carousel case study. They can also ponder the power of social enterprise.

Looking at accurate wages for a variety of professions, pupils can calculate how easy/difficult it is to save money. they will also discuss why savings are important and factors that lead to inequality in our society.

Finally, there is also a lesson on tax. It uses rounded figures and smaller amounts to make things easier for primary pupils. However, there is a great deal of maths involved for developing their working knowledge of money and the ultimate goal is to show them that tax operates in bands and not in flat rates applied to a full wage (eg someone earning over 80k is taxed at the higher rate on ALL their earnings)